SquirrelOne POS to Include New Credit Security Solution

| May 01, 2008

Merchant Link announces that its flagship credit card security product, TransactionVault, has been integrated with Squirrel Systems' suite of payment solutions, led by SquirrelOne.

Squirrel Systems' fully modular and highly scalable restaurant point-of-sale and management system now includes the Merchant Link security solution, which removes sensitive customer credit card data from the point of sale, and transports it to a safe "vault." SquirrelOne and TransactionVault have both been validated by Visa as a Payment Application Best Practice (PABP), and both help restaurant and lodging clients achieve Payment Card Industry (PCI) Data Security Standard (DSS) compliance.

Merchant Link will support Squirrel Systems' dealer and sales channels, and conduct joint marketing campaigns with the Vancouver-based company. The TransactionVault driver installation is simple and includes dial backup. The combined point of sale solution offers connectivity to many credit card processors and supports gift cards and American Express Direct.

Merchant Link and Squirrel Systems recently completed a successful beta test of the combined SquirrelOne Restaurant Management System-TransactionVault solution with Red Lion Hotels, an operator of more than 50 properties in Canada and the United States. More than 6,000 restaurants, including major chains, currently use TransactionVault, Merchant Link's flagship security product, to help them achieve PCI compliance. TransactionVault is a technology that works through the Merchant Link infrastructure at the point of sale. It is an ASP service that houses credit card information in Merchant Link's secure "vault" so that data does not reside in the merchant's system, placing it at risk to hackers.